NATIXIS - 2018 Registration document and annual financial report

5 FINANCIAL DATA

Consolidated financial statements and notes

OTHER INFORMATION

NOTE 16

Finance and operating leases 16.1 Lessor 16.1.1

31/12/2018

31/12/2017 (a)

Residual maturity

Total

Residual maturity

Total

Leases as lessor (in millions of euros) Finance leases Gross investment

< 1 year

1-5 years > 5 years

< 1 year

1-5 years > 5 years

17

22

1

40

2,395

6,461

3,866

12,722

Present value of minimum lease payments receivable

15

20

1 0

36

2,227

5,911

3,252

11,390

Unearned finance income

2

2

4

168

550

614

1,332

Operating leases Minimum payments receivable under irrevocable leases

55 252 The data regarding the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 can be found in Note 8.9.1.4. (a) 206 118 379 51 152 50

Lessee 16.1.2

31/12/2018

31/12/2017

Leases as lessee (in millions of euros) Finance leases Net book value

Real estate assets

Non-real estate assets

Real estate assets

Non-real estate assets

Total

Total

3

3

3

3

Operating leases as lessee 16.1.3

31/12/2018

31/12/2017

Minimum future payments

Minimum future payments

(in millions of euros) Less than 1 year

203 949 678

229 834 569

1 to 5 years

More than 5 years

TOTAL

1,830

1,632

31/12/2018

31/12/2017

Expenses

Expenses

(in millions of euros)

Operating leases Minimum payments

232 231

228

Contingent rental payment Operating sub-leases Revenue from sub-leases

0

1 8 8

9

TOTAL

238

240

The future minimum payments under operating leases as lessee that cannot be terminated, broken down by due date, representing the due dates of the undiscounted lease payments payable to external counterparties, for the residual lifetime of the operating leases in force at December 31, 2018 and at December 31, 2017, in accordance with the contractual schedules. The lease payment amounts include unrecoverable VAT. Lease expenses are not included.

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Natixis Registration Document 2018